Dangote's IPO drew demand of roughly 3x the offer, per reports. The 700,000 bpd refinery posted $4.73B net profit in 9M 2026, but unusually strong refining margins flatter the numbers and $11.8B capex looms. #Dangote#Nigeria#IPO#Refining
Dangote Petroleum Refinery swung to a $4.73B net profit in the first nine months of 2026 after a $117.2M loss a year earlier; revenue more than doubled to $22.48B as it seeks $1.6B in Africa's largest IPO. #Dangote#Oil#Refining#Nigeria#IPO
🚨 DeepSeek could raise up to $15 billion in its latest funding round.
The Chinese AI startup is reportedly considering doubling the round to 100 billion yuan ($14.9B), as demand from state-backed funds and major corporate investors surges.
DeepSeek is said to be targeting a valuation of around $75 billion, with names including Tencent, CATL and Geely Auto linked to the fundraising.
The bigger story: AI is becoming increasingly capital-intensive, and DeepSeek appears to be preparing for its next phase — potentially including a Shanghai IPO in early 2027.
From disruptive AI lab to possible public-market giant, DeepSeek’s rise is becoming one of the most important stories in global tech.